Holiday couple blowing more on hotel? Yes and no (12)

'holiday couple' is the definition.
(married couple on honeymoon)

'blowing more on hotel? yes and no' is the wordplay.
I cannot quite see how this works, but
'more' could be 'm' and 'm' is present in the answer.
'on' is within the answer.
'hotel?' could be 'h' (phonetic alphabet: alpha, bravo, charlie etc.) and 'h' is present in the answer.
'yes' could be 'y' and 'y' is located in the answer.
'and' could be 'n' (common abbreviation for 'and') and 'n' is found within the answer.
'no' could be 'o' (resembles 0 - 'no' can mean 'zero') and 'o' is located in the answer.
This explanation may well be incorrect...